Friday broker round-up UPDATE
22nd Nov 2013 08:04
African Barrick Gold: Westhouse Securities upgrades to neutral with a target price of 170p. Antofagasta: Investec cuts target price from 737p to 716p and keeps a sell recommendation. Bank of Georgia: Numis raises target price from 2101p to 2662p and maintains a buy recommendation. Canaccord Genuit
Read moreLondon close: FTSE ends flat after data-heavy session
21st Nov 2013 16:49
- Flat finish after mixed session - US jobless claims fall - UK car manufacturing grows - Johnson Matthey charges higher techMARK 2,636.63 +0.40% FTSE 100 6,681.33 0.00% FTSE 250 15,148.50 -0.20% UK stocks ended the day broadly flat after a mixed bag of data left investors lacking in any firm dire
Read moreFTSE 100 movers: Johnson Matthey tops leaders after results impress
21st Nov 2013 15:07
Shares in speciality chemicals company Johnson Matthey leapt to the top of the leaderboard after it reported a robust set of half-year results, powered by a strong performance in Emission Control Technologies ahead of new European legislation and good demand for Process Technologies' products. The
Read moreLondon midday: Losses eased by positive UK data
21st Nov 2013 11:37
- UK borrowing falls - CBI reports surprise jump in factor orders - Car manufacturing stats rise techMARK 2,638.77 +0.48% FTSE 100 6,678.70 -0.04% FTSE 250 15,172.14 -0.04% The FTSE pulled back from earlier losses by lunchtime today, as data showed UK borrowing fell in October and a survey from th
Read moreThursday broker round-up UPDATE
21st Nov 2013 09:14
Aggreko: Liberum Capital initiates with a target price of 1500p and a hold recommendation. Antofagasta: UBS reduces target price from 965p to 870p and downgrades from buy to neutral. APR Energy: Liberum Capital starts with a target price of 890p and a sell recommendation. Ashtead Group: Liberum C
Read moreLondon open: FTSE falls on Fed minutes and Chinese data
21st Nov 2013 08:39
- Fed to wind down QE in 'coming months' - Chinese PMI slows - UK car manufacturing up - Nikkei at six-month high techMARK 2,629.93 +0.14% FTSE 100 6,652.29 -0.43% FTSE 250 15,181.11 +0.02% The FTSE fell early on, as investors digested the minutes from the latest Federal Reserve meeting, which rev
Read moreLondon pre-open: Fed minutes to dampen sentiment
21st Nov 2013 07:29
City sources predict the FTSE 100 will open around 21 points lower than yesterday's close of 6,681.08, after minutes from the latest Federal Reserve meeting seemed to suggest that the central bank might be moving closer to tapering. More specifically, the fact that for the first time the Fed inclu
Read moreJohnson Matthey revenue surges 31 per cent
21st Nov 2013 07:05
- Strong first-half on catalysts demand - Final quarter to be hit by expiry of Anglo American Platinum contract - Dividend lifted 10 per cent Speciality chemicals company Johnson Matthey reported a robust set of half-year results, powered by a strong performance in Emission Control Technologies ah
Read moreFTSE 100 movers: Burberry bombs as CEO announces departure plans
15th Oct 2013 14:36
High-end luxury brand Burberry dropped today after the surprise exit of Chief Executive Officer (CEO) Angela Ahrendts and appointment of Chief Creative Officer Christopher Bailey. Ahrendts is to leave the company in mid-2014 and move to Apple to take up a newly created position. The news came as the
Read moreLondon close: Markets rise despite debt-ceiling uncertainty
14th Oct 2013 16:49
Markets finished at their highest levels in two and a half weeks on Monday despite the ongoing uncertainty surrounding the US debt ceiling, as a deal to raise the borrowing limit still remains elusive. The FTSE 100 finished 20.46 points higher at 6,507.65, its best level since September 27th when i
Read moreFTSE 100 movers: Johnson Matthey tops leaders after upgrade
14th Oct 2013 14:37
The share price of chemicals group Johnson Matthey jumped on Monday after the stock was upgraded by JPMorgan Cazenove from 'neutral' to 'overweight'. The US bank hiked its target price for the shares from 2,800p to 4,000p, saying that it sees "major potential from a swathe of new global industrial c
Read moreBroker tips: Johnson Matthey, SABMiller, Escher
14th Oct 2013 12:10
The share price of chemicals group Johnson Matthey jumped on Monday morning after the stock was upgraded by JPMorgan Cazenove from 'neutral' to 'overweight'. The US bank hiked its target price for the shares from 2,800p to 4,000p, saying that it sees "major potential from a swathe of new global in
Read moreLondon midday: Markets pause on US stalemate, mixed Chinese data
14th Oct 2013 11:28
Markets paused at a two-week high on Monday as investors refrained from building as concerns over the US debt ceiling and mixed data from China weighed on risk appetite. London's benchmark FTSE 100 was trading with small gains by midday after finishing Friday's session at 6,483.79, its highest clos
Read moreBroker snap: Johnson Matthey upgraded to 'overweight' by JPMorgan
14th Oct 2013 09:28
The share price of chemicals group Johnson Matthey jumped on Monday morning after the stock was upgraded by JPMorgan Cazenove from 'neutral' to 'overweight'. The US bank hiked its target price for the shares from 2,800p to 4,000p, saying that it sees "major potential from a swathe of new global in
Read moreMonday broker round-up UPDATE
14th Oct 2013 08:46
Admiral Group: JP Morgan cuts target price from 1122p to 1022p maintaining an underweight rating. Balfour Beatty: Numis increases target price from 285p to 315p and stays with its add rating. Bankers Petroleum: Goldman Sachs takes target price from 365p to 379p and reiterates a buy recommendation.
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